Berkshire does make mistakes and I think UNH is one of them. It needs a strategy and management revamp but Berkshire cant change that with its current stake.
Bearish views are not popular but your reasoning is sound. The only area I disagree on is tariffs showing up in inflation, as they may also show up in reduced profitability if not passed on.
Markets are back to all time highs and are overvalued. Tech stocks are most overvalued based on P/S. Tech stocks have fallen by a large amount every time they were this high historically. I'm positioned in defensive stocks and cash against the next drop, even though the timing of it is uncertain. Tariff threats continue and the market is not pricing them in, so if Trump follows through, that could be the trigger for a large drop in the markets.
Thought there would be more reaction to a possible war but nothing happened and now there is a ceasefire. Will just hold for a few days until the next crisis occurs. $ProShares Ultra VIX Short-Term Futures ETF(UVXY)$